The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.

The FR 2420 is a transaction-based report that collects daily data on federal funds transactions, Eurodollar transactions, and certificates of deposits (CDs) from (a) domestically chartered commercial banks and thrifts that have $26 billion or more in total assets and (b) U.S. branches and agencies of foreign banks with total assets of $900 million or more. The FR 2420 data is used to support the daily implementation of monetary policy and the analysis of money market conditions.

Subjects:

Deposits, Eurodollar Liabilities

Audiences:

Commercial Banks, Thrifts, U.S. Branches and Agencies of Foreign Banks